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Friday, March 25, 2005
Author links Wal-Mart, China
The Sun News | 03/06/2005 | Author links Wal-Mart, China: "Chinese factories are the most important and fastest-growing sources for Wal-Mart; in 2003 the company bought 15 billion in goods from Chinese suppliers. Fishman says 10 percent to 13 percent of China's exports to the United States winds up at Wal-Mart. He cites a Washington Post article that says '80 percent of the six thousand factories in Wal-Mart's worldwide database of suppliers are in China. ... If Wal-Mart were a nation, it would be China's fifth-largest export market, ahead of Germany and Great Britain.' Wal-Mart has 560 buyers in China."